BLEX, the DEX Transformer Leading On-Chain Contract Trading into the 2.0 Era

BLEX.io
2 min readSep 8, 2023

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BLEX is a decentralized perpetual contract exchange based on the index price feed model, focusing on on-chain perpetual contract trading for BTC and ETH with up to 100x leverage. We have successfully launched on the Arbitrum mainnet and support mainstream web3 wallets such as Metamask, Tokenpocket, and Coinbase.

Here are the highlights and notable features of the BLEX platform:

Price Stability Guarantee: BLEX employs an advanced index price feed model to provide users with accuracy in trading prices and stability in market prices. BLEX relies on multiple trusted data sources to ensure transparency and fairness in market prices, effectively reducing the possibility of market manipulation.

Liquidity and Returns Win-Win: Users can actively participate in BLEX’s stablecoin liquidity provision pool (LP pool) by providing USDT to support platform liquidity while earning protocol income and additional team rewards. This mechanism encourages liquidity providers to actively participate while reducing impermanent loss risks seen in traditional DeFi projects.

Convenient Multi-Platform Trading: BLEX offers access through both PC and mobile app platforms, allowing users to conveniently engage in digital asset trading.

Incentivizing Ecosystem Development: Through the Trader to LP AMM mechanism, this approach increases the incentive for users and LPs to participate in building the BLEX platform, making trading more attractive.

Diverse Economic System: BLEX’s ecosystem includes four tokens and one NFT, providing users with diverse investment and participation opportunities. Whether you are a long-term investor, active trader, or NFT collector, you can find suitable opportunities in our ecosystem.

Protocol Income Allocation: 100% of the protocol income on the BLEX platform goes to BLE token holders, providing participants with potential earning opportunities and collectively sharing in BLEX’s success.

Key Highlights: Better Trading Experience: BLEX, based on the index price feed mechanism, offers smarter take-profit and stop-loss options for users, providing a smoother trading experience.

Stable Liquidity Pools: BLEX’s liquidity pools are composed entirely of stablecoins, offering more opportunities for liquidity providers while reducing impermanent loss risks seen in traditional DeFi projects.

Low-Cost Trading: BLEX’s perpetual contract fees are on an 8-hour schedule with no execution fees, lowering trading costs, reducing trading friction, and increasing traders’ competitiveness.

Asset Security Management: Users have full ownership of their assets, and protocol governance is decided by the community, ensuring BLEX’s decentralized nature and the safety of user funds.

Transparent Trading Mechanism: We provide real-time on-chain settlement, with earnings going directly to users’ wallets, ensuring transparency and trustworthiness in the trading process.

BLEX, is the preferred platform for digital asset trading! Visit our official social media channels for the latest updates:

Website: https://blex.io/

Twitter: https://twitter.com/Blex_io

Telegram: https://t.me/bestblex

Medium: https://blex.medium.com/

Discord: https://discord.gg/blex-official

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